TS Euryalus - Oxford Sea Cadet Unit Donnington Bridge Road, OXFORD OX4 4BJ Charity number 293839
Trustees' Report 1st April 2022 to 31st March 2023
During the year covered by this report the Unit Management Team ('the UMT') consisted of the following active trustees: Mr Clive Berry (Chair and Treasurer), Lt (SCC) Anthony John Ingham (Acting Commanding Officer), the Rev'd Stephen Pix (Secretary) and the Rev'd Anthony Graham Buckley (Unit Chaplain). The UMT met four times: 5th April, 28th June and 28th October 2022, and 3rd February 2023.
The conduct of the Unit was governed by the Regulations of the Sea Cadet Corps, and the UMT managed the finances and the organisation of the Unit in accordance with those regulations, for the benefit of the boys and girls who were members of the Unit as cadets and of the area of Oxford in which the Unit Headquarters is situated. The UMT had the following elected officers: Chair, Secretary and Treasurer; the Commanding Officer and the Unit Chaplain are trustees ex officio.
Attendance figures for Cadets and Juniors made a very good recovery after the Covid lock-down, increasing from 36 to 46 over the period; the Unit had not had so many cadets for a long time. Staff and Cadets met virtually every Tuesday and Friday for training; the activities included drill with and without weapons, seamanship and boat handling, and leadership skills. They also participated in sporting and seamanship activities at District and Area level with considerable success, and most cadets attended training courses and offshore events organised by the Sea Cadet Corps.
The Unit was supported partially by grants from local charitable trusts and the Local Authority, as well as cadet subscriptions, but principally by the sale of Christmas trees from the Unit Headquarters in November and December 2022. Any surplus after running costs have been met was put aside in a special account for when funds will be required to rebuild the Unit Headquarters.
The trustees were aware of the need for the Unit to provide a public benefit, and took steps to do this. Membership was open to all boys and girls who wished to join, without any discrimination, subject to the overall discretion of the Acting Commanding Officer. Moreover, the Unit Headquarters building was available for use by local groups at reasonable cost, again without discrimination as long as the activities of the groups were not at variance with the aims and values of the Sea Cadet Corps.
SJ Pix, Chairman 24th October 2023
Registered number 293839
Annual Accounts
Oxford Sea Cadets T.S Euryalus
31 March 2023
Oxford Sea Cadets T.S Euryalus
Contents
| Page | |
|---|---|
| Charity information | 1 |
| Accountants' report | 2 |
| Profit and loss account | 3 |
| Balance Sheet | 4 |
Oxford Sea Cadets T.S Euryalus
Charity Information
Business Address
10 Cadogan Park Woodstock Oxfordshire OX20 1UW
Accountants
JMW Accounting 35 Hyperion Lane Brackley Northants NN13 6FU
Registered number 293839
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Oxford Sea Cadets T.S Euryalus
Accountants' Report
Oxford Sea Cadets T.S Euryalus
You consider that the charity is exempt from an audit for the year ended 31 March 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
JMW Accounting 35 Hyperion Lane Brackley Northants NN13 6FU
19th October 2023
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Oxford Sea Cadets T.S Euryalus
Income Statement
for the year ended 31 March 2023
| Income Lettings Fundraising Investment Income Other Income Donations Received Cadet Contribution Bank Interest Received (Reserve Account) Total Income Expenses Cadet Related Utilities Premises Boats and Boating Transport Insurance Professional Fees Office and Stationery Other Costs Total Expenses Profit for the financial year Transport Grant |
2023 2022 £ £ 6,573 4,453 37,898 37,872 4,284 3,501 6,190 11,318 714 2,350 1,194 1,185 53 2 7,500 |
|
|---|---|---|
| 64,404 60,681 8,145 9,664 5,132 5,634 13,436 16,238 3,906 2,651 2,731 20,565 2,263 1,674 2,525 1,558 2,106 469 316 968 |
||
| 40,559 59,421 |
||
| 23,845 1,260 |
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Oxford Sea Cadets T.S Euryalus
Balance Sheet as at 31 March 2023
| Fixed assets M & G Investments Increase/Decrease in Investments Current assets Cash at bank and in hand Cash at bank - Reserves Debtors Net current assets Creditors: amounts falling due after more than one year Uniform Deposits Net assets Capital and reserves P and L Account Retained Profit and Undistributed Reserves Training Fund Building Fund Revaluation Reserve Total Capital and Reserves Creditors |
2023 £ 103,739 (4,731) 99,008 1,789 20,649 1,891 24,328 123,336 785 121,753 23,845 20,881 30,000 40,000 7,027 121,753 798 |
2022 £ 68,730 5,009 |
|---|---|---|
| 73,739 7,137 20,096 2,266 |
||
| 29,499 103,238 600 |
||
| 102,638 | ||
| 1,260 49,620 30,000 10,000 11,758 |
||
| 102,638 |
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report Report to the trustees/ Charity Name members of Oxford Sea Cadets T.S Euryalus On accounts for the year 2023 Charity no 293839 ended (if any) Set out on pages 1-6 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2023 Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 20/10/2023 Name: Joanne Warren Relevant professional MAAT qualification(s) or body (if any): Address: JMW Accounting 35 Hyperion Lane, Brackley NN13 6FU
Oct 2018
1
IER
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
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IER